Flutter Entertainment (FLTR-L)
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Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 1 opinions in the last 12 months.
Flutter Entertainment, represented by the symbol FLTR-L, recently faced a decline in share prices despite reporting strong quarterly results. The company's revenue in the U.S. grew by an impressive 32%, contributing to a total revenue growth of 19%. However, the outlook for the full year has been tempered by a lighter forecast, attributed to decreasing consumer confidence stemming from tariffs imposed in the current economic climate. With a significant 43% market share in the U.S. sports betting sector, Flutter is well-positioned for growth, especially with key states such as California and Texas still not legalizing sports betting, which is recognized as an affordable form of entertainment. Experts are optimistic about Flutter's potential to manage costs effectively and capitalize on untapped markets as consumer interest in sports betting continues to rise.
Shares have tumbled. Last week, they reported a good quarter though a light full-year forecast, because consumer confidence has slid due to tariffs. They have 43% market share in the US. They grew revenue in the US by 32% with 19% total revenue growth. They manage costs. There's room to grow with states like California and Texas still barring sports betting which is popular because it's a cheap form of entertainment, he thinks.
International sports betting & gaming business (Poker Stars etc.).
$12 billion in revenues.
Total market for sports betting and gaming is growing.
Market share difficult to gain.
Challenging business model with uncertain regulation.
Consumer protection regulation & money laundering also a concern.
Would not recommend investing.
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Flutter Entertainment(FLTR-L) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Flutter Entertainment(FLTR-L) Frequently Asked Questions
What is Flutter Entertainment stock symbol?
Flutter Entertainment is a OTC stock, trading under the symbol FLTR-L on the (). It is usually referred to as or FLTR-L
Is Flutter Entertainment a buy or a sell?
In the last year, 2 stock analysts published opinions about FLTR-L. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Flutter Entertainment.
Is Flutter Entertainment a good investment or a top pick?
Flutter Entertainment was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Flutter Entertainment.
Why is Flutter Entertainment stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Flutter Entertainment worth watching?
2 stock analysts on Stockchase covered Flutter Entertainment In the last year. It is a trending stock that is worth watching.
What is Flutter Entertainment stock price?
On , Flutter Entertainment (FLTR-L) stock closed at a price of $.
Good question whether consumers would spend less for online gaming during a slowdown. Probably, but he feels demand is somewhat inelastic. Share price up and down, lots of volatility. Dropped below 200-day, but now picked back up. 200-week MA moving higher. Doesn't look bad from technical perspective.
Valuation not cheap, but you're buying it for the growth rate, which is 33% going forward. Online gaming is a growing industry. Higher beta, so a very small position only in your portfolio.